Integrated Activity Report 2021

What does Nexity’s performance in 2021 say about its commitments?

Nadia Ben Salem-Nicolas

This historically strong performance, with a record €325 million in net profit, reflects Nexity’s resilient, profitable and responsible growth model. Our sales, revenue and margins are all increasing while our carbon emissions are decreasing.

Marjolaine Grisard

Yes, we were able to achieve our carbon commitments, which mainly concern residential and commercial development. These excellent results are the outcome of efforts undertaken several years ago in coordination with our entire construction ecosystem, which enabled us to anticipate regulatory changes. Another key driver has been Nexity’s proactive approach, through its services business, to the vital issue of energy efficiency renovation for existing properties.

And the Group is setting its sights even higher for 2030?

M.G. The recent IPCC report is a reminder that urgent action is needed. So yes, we’re picking up the pace on two related issues – climate change and biodiversity – with specific targets and key actions to be taken which will allow us to stay in line with our announced trajectory (see page 26). And we’re getting our teams involved by scaling up efforts aimed at training and raising awareness of these issues among our employees, as well as our external stakeholders. As a leader in our field, we have a responsibility to incite others to take action in this area

N.B.S.-N. It’s a historic responsibility and a key economic issue, too. Promoting low-carbon, inclusive cities creates value for everyone: our clients, local authorities and our investors. It makes our business model more resilient and attracts capital, since climate change has become a growing concern for our financial backers – lenders and shareholders alike. We’re constantly striving to use our expertise and financial innovation to fulfil our corporate purpose of “Life together”, the latest example being the 2021 launch of our first ESG impact share buyback programme.

Will the upcoming EU taxonomy further accentuate this synergy between financial and non-financial value?

Marjolaine Grisard et Nadia Ben Salem-Nicolas

With this reference framework, for the first time companies will have a common language for reporting on their sustainability performance. At Nexity, for several years now the Finance Department has been working closely with the CSR Department to address the increasingly frequent and specific questions from our stakeholders in this area. For some of our clients, such as institutional investors, taking sustainability into account is already second nature. Our environmental, workforce-related and societal impacts are systematically reviewed.